German luxury auto manufacturer BMW announced on Thursday that its sales in the third quarter decreased due to poor performance in the China market and delivery interruptions caused by Integrated Brake System (IBS) issues.
The company stated that global sales in the third quarter decreased by 13% year-on-year to 540,882 vehicles. Among them, sales in the China market dropped by 29.8% to 147,691 vehicles.
The company's sales of Battery Electric Vehicles (BEV) increased by 10.1% to 103,440 vehicles.